Best Option to move 401K
Hi, My job ended 12-31-2019. I am 61 yrs old. My previous job asking me to move this money! I had both traditional and roth accounts, summing about $65K. My current job do not offer 401k to rollover. What is the smartest move to make during this crisis?
Terry Says
Contact Fidelity or Vanguard and they will handle details of each rollover. Make sure they recognize that one is a Roth. When you move these accounts, just specify that you want them put into a money market deposit account for a while.
Do NOT take a check. Let the rollover specialists contact your employer and handle this!
